Category: Bitcoin News
Bitcoin Mining Firm Hut 8 Receives $150 Million Investment For Powering AI Use Cases
Hut 8 has secured $150 million from Coatue Management, causing its stock price to rise by at least 4%. Other Bitcoin miners who provide AI-related…
BTC Drops By Over 4%, Taking Its Value Below $62,000
In a constant downward trajectory over the past week, BTC dropped by another 3% on Monday, taking its value below $62,000 and wiping out any…
Increasing Negative Interest in BTC as Its Price Struggles to Find Upward Momentum
BTC struggles to find pace and add gains. It slumped over 3% on 21 June, dropping below $64,000, and presently fluctuates just above $64,000. It…
BTC Sees Whales and Miners Selling $1.2 Billion in Two Weeks
Bitcoin whales and miners have liquidated $1.2 billion of collective holdings, indicating increased profit-taking. It has been so ever since the largest cryptocurrency by value…
Bitcoin Blockchain Now Holds the Third Highest All-Time NFT Sales
The Bitcoin network is breaking records beyond its native asset, BTC, hitting prices unseen by other cryptos. It is now a top three NFT ecosystem…
El Salvador Pushing to Institute Banks Geared Toward Bitcoin Investors
El Salvadoran president Nayib Bukele is advancing a proposal that will create ‘Banks for Private Investment’ (BPI) offering increased financial services with fewer restrictions to…
Bitcoin and Altcoins Drop Massively in Value Despite Upward Expectations
Despite news this week of inflation rates lower than expected, top cryptos failed to capitalize for longer periods, leaving many disappointed and causing a wave…
Whales Snag $1.38 Billion Worth of BTC In One Day
June 11 saw Bitcoin Whales purchase over $1.30 billion worth of the asset, or 20,600 BTC, to be precise. The massive interest was driven by…
BTC ETFs See $226.2 Million Outflows on Thursday
BTC ETFs saw $226.2 million in net outflows in a single day yesterday as bitcoin struggles to rise in price. The outflows from the regulated…
